Homeowners who make energy efficiency enhancements, prior to listing their home, are improving their property’s value by tens of thousands.
A study analysed over 200,000 homes that had sold twice, with an improved EPC the second time.*
Those who had improved their rating from an F to a C were found to have increased their home’s value by an average of 16%.
Based on the current national average asking price of £344,445, this could add an additional £55,111 onto your sale value.
Moving from an E to a C was found to increase a seller’s asking price by an extra 8%, on average.
Again, based on the national average, this could mean an additional £27,556.
Whilst moving from a D to a C resulted in an average rise of 4% or £13,778 in value.
These findings follow the Government’s release of the Heat and Buildings Strategy, which sets out steps to lower the carbon emissions of homes and commercial buildings.
As a result of this, buyers are willing to pay a premium amount to secure a home that is better designed for the future.
In the last five years, more than 22% of homes in the UK have been upgraded from a D rating or below, to a C rating or above.
The South East topped the regional list at 26%, followed by Wales and the East of England.
As more buyers and tenants search for greener properties, could now be the time to introduce energy efficiencies to your property?
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